NELSON RONALD L 4

What Happened
Ronald L. Nelson, a director of Wyndham Hotels & Resorts (WH), was granted 326 deferred stock units on March 10, 2026. The Form 4 reports an acquisition of 326 shares at $0.00 (code A — award/grant). These units were issued upon the vesting of previously granted restricted stock units.

Key Details

• Transaction date: 2026-03-10 (reported on Form 4 filed 2026-03-12). Filing appears to be within the typical two-business-day reporting window.
• Transaction type/code: Award/Grant (A) — deferred stock units issued on RSU vesting.
• Quantity and price: 326 units acquired at $0.00 per unit.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1–F3 explain these are deferred stock units issued under Wyndham’s equity plan upon RSU vesting; each deferred unit entitles the holder to one common share upon the reporting person’s retirement or termination of Board service. F4 denotes common stock.

Context
This was a compensation-related award (deferred stock units) rather than an open-market purchase or sale. Deferred units are a form of deferred pay for directors and typically convert to actual shares only after a qualifying event (e.g., retirement or termination), so the grant itself is routine and not a direct market signal of the insider’s view.